Tech stocks live updates: Tech stocks fall as AI trade faces scrutiny, SK Hynix falls

Shares of Micron, SanDisk, and Western Digital fell 6% following a weak outlook from SK Hynix, which rattled memory stocks. This decline occurred as tech stocks generally dropped while the AI trade faced increased scrutiny. The negative projection from SK Hynix served as a primary catalyst for the downward movement across the memory sector, contributing to a broader sell-off within the technology market as investors reevaluated the current trajectory of AI-related investments and semiconductor performance.